RE:RE:RE:RE:Briacell dropping 30% after FASTTRACKWell FGP,
Looking at the title of this message, I guess TLT is in good company, if attaining FT status caused briacell to sell off 30%.... Maybe the whole thing is just 'sell the news'. I don't blame management for this one, they seemed to have tried hard with the roll out of these numbers.
FGPstock wrote:
@999, I don't believe anyone was upset with the results, but more the way the results were announced in which TLT has full control over. Also, I think it has been a pattern for tlt to make statements which cause you to have more questions than answers. When you announce CR's in regards to 80, 180 and 360 days, to most investors seeing 3 or 5% CR after 360 days is horrible, but you need to factor only X percent are even past 360 days which make he results a lot better. I think a lot of us just want transparency. THere are some posters on this board which made it sound like 100% CR was locked in and announcing 30, 60, 90 day results was meaningless. We are not close to 100%, but a lot better than the currentl SOC. I believe the selloff you saw was due to the confusion of the NR. It is not hard to release the facts in a laymens terms, it is beneficial to investors, trial participants, etc. Not a lot to ask from a public company, imo.